About Adani Land Developers Private Limited
Data last updated:
Adani Land Developers Private Limited was a private limited company based in Ahmedabad, Gujarat, India, operated as a subsidiary of Adani Infrastructure And Developers Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 07 September 2006.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45200GJ2006PTC049047. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹10 Cr and a paid-up capital of ₹10 Cr. It was led by directors Milan Joshi and Surya Ramayanam.
Its last annual general meeting (AGM) was held on 20 October 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at 8th Floor ``Shikhar '' Near Adani House Mithakhali Six Roads Navrangpura, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2021, the company reported a revenue of ₹54,500, a decline of 52% compared to the previous year. For the same year it recorded a net loss of ₹68,561 (net margin -125.8%) and EBITDA of -₹68,561 (EBITDA margin -125.8%). Revenue has declined at a compounded annual rate (CAGR) of 88% over three years and 79% over five years.
Its group structure included 6 subsidiaries.
Court records list 1 case involving the company, including 1 filed by the company. The company has 5 deals on record (2 convertible or debt financings, 2 secondary share transfers, 1 funding round), with disclosed funding of ₹981.84 Cr; the latest was in March 2017. The company has 3 MSME Form 1 returns on record between 2019 and 2022, listing 6 overdue payments to 6 micro and small suppliers.
The last known website on record is adani.com.
Company details
Contact details
Adani Land Developers Private Limited's registered office is in Ahmedabad, Gujarat. Its website is adani.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address8th Floor ``Shikhar '' Near Adani House Mithakhali Six Roads Navrangpura, Ahmedabad, Gujarat, India – 380009
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Adani Land Developers Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Adani Land Developers Private Limited
FY 2021 filings availableAdani Land Developers Private Limited reported revenue of ₹54,500 (down 52% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 79% over five years, including a 52% fall in the latest year. EBITDA rose 73% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹54,500 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹68,561 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹68,561 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -125.8% | ||||
| Net Profit Margin | -125.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Adani Land Developers Private Limited, buy the company report.
Board of directors and KMP of Adani Land Developers Private Limited
Adani Land Developers Private Limited currently reports 2 directors and 1 key managerial person. 12 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Milan Joshi | Director | 31 Dec 2020 | 5 Years 10 Months | As last reported |
| Vishal Dilipbhai Mohanlal Shah Shah Also directs: Bsa Buildcon LLP, Inspire Buildwell Private Limited | Company Secretary | 12 Feb 2015 | 11 Years 9 Months | As last reported |
| Surya Ramayanam | Director | 31 Dec 2020 | 5 Years 10 Months | As last reported |
Auditor
Adani Land Developers Private Limited is audited by DHARMESH PARIKH & CO. LLP for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DHARMESH PARIKH & CO. LLP | FY 2021 | 112054W/W100725 |
Shareholding
The shareholding of Adani Land Developers Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Adani Land Developers Private Limited, buy the company report.
Deals & funding
Adani Land Developers Private Limited has 5 deals on record (2 convertible or debt financings, 2 secondary share transfers, 1 funding round), with disclosed funding of ₹981.84 Cr; the latest was in March 2017.
Deals on record (3 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: Adani Infrastucture & Developers Private Limited Seller: Adani Infrastucture & Developers Private Limited & Gautam S Adani |
| Aug 2012 | Funding round | ₹9.95 Cr | Investors: Adani Infrastucture & Developers Private Limited |
| Mar 2007 | Secondary share transfer | Undisclosed | Buyer: Adani Infrastucture & Developers Private Limited, Adani Infrastucture & Developers Private Limited & Gautam S Adani Seller: an individual |
To see the full deal history of Adani Land Developers Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Adani Land Developers Private Limited has 1 court case on record: 1 filed by Adani Land Developers. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Ahmedabad | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Adani Land Developers Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Adani Land Developers Private Limited has 3 MSME Form 1 returns on record between 2019 and 2022, listing 6 overdue payments to 6 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Dharmesh Parikh and Company LLP | |||
| Asada Decor Private Limited | |||
| Pima Controls Pvt Ltd | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Adani Land Developers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Adani Land Developers has 6 subsidiary companies. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Adani Estate Management Private Limited | U45200GJ2005PTC047086 | |
| Xcelheights Developers Private Limited | U45201GJ2007PTC051837 | |
| Aaloka Real Estate Private Limited | U45400MH1999PTC120892 | |
| Adani Township & Real Estate Company Private Limited | U70101GJ2012PTC071738 | |
| Shantigram Utility Services Private Limited | U74999GJ2008PTC055618 | |
| Belvedere Golf and Country Club Private Limited | U92412GJ2008PTC055617 |
To see the full group structure of Adani Land Developers Private Limited, buy the company report.
GST
Adani Land Developers has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Adani Land Developers Private Limited, buy the company report.
Recent activity
Adani Land Developers Private Limited has 15 board changes on record since 2007: 3 appointments and 12 cessations. The latest: Milan Joshi ceased to be Additional Director on 20 Oct 2021.
6 earlier events are in the company report.
News
Frequently asked questions
Adani Land Developers has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Adani Land Developers was a private limited company based in Ahmedabad, Gujarat, India. The company worked in general construction services, within the infrastructure and utilities industry. It was incorporated on 07 September 2006 and is registered under CIN U45200GJ2006PTC049047. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Adani Land Developers was incorporated on 07 September 2006. It is registered with the Registrar of Companies, Ahmedabad.
Adani Land Developers had 3 directors and KMP:
- Milan Joshi - Director
- Surya Ramayanam - Director
- Vishal Dilipbhai Mohanlal Shah Shah - Company Secretary
The CIN (Corporate Identification Number) of Adani Land Developers is U45200GJ2006PTC049047. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Adani Land Developers is at 8th Floor ``Shikhar Near Adani House Mithakhali Six Roads Navrangpura, Ahmedabad, Gujarat, India – 380009.
Adani Land Developers can be reached through the website adani.com. Its registered office is in Ahmedabad, Gujarat, India.
The latest financial statements of Adani Land Developers on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 20 October 2021. Year-wise statements from 2015 are in the company report.
No. Adani Land Developers has 2 GST registrations on record and all of them are cancelled or inactive.
Adani Land Developers operated in the infrastructure and utilities industry, in the general construction services segment.
Adani Land Developers has 5 deals on record (2 convertible or debt financings, 2 secondary share transfers, 1 funding round), with disclosed funding of ₹981.84 Cr; the latest was in March 2017.
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